IDX Systems Corporation
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IDX Systems Corporation (IDX) was a
healthcare Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration or cure of disease, illness, injury, and other physical and mental impairments in people. Health care is delivered by health profe ...
software Software is a set of computer programs and associated documentation and data. This is in contrast to hardware, from which the system is built and which actually performs the work. At the lowest programming level, executable code consists ...
technology company that formerly had headquarters in
South Burlington, Vermont South Burlington is a city in Chittenden County, Vermont, United States. Along with neighboring Burlington, it is a principal city of the Burlington metropolitan area. As of the 2020 U.S. census, the population was 20,292. It is home to the head ...
,
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...
. It was founded in 1969 by
Robert Hoehl Robert "Bob" Hoehl (December 13, 1941 – November 7, 2010) was a co-founder of the software company IDX Systems and a Vermont philanthropist. Born in Brooklyn, NY, Hoehl earned a basketball scholarship to Saint Michael's College in Colchester, Ver ...
, Richard Tarrant, and Paul Egerman. IDX was acquired by
General Electric General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable energ ...
and incorporated into its
GE Healthcare GE HealthCare is a subsidiary of American multinational conglomerate General Electric incorporated in New York and headquartered in Chicago, Illinois. As of 2017, it is a manufacturer and distributor of diagnostic imaging agents and radiopharma ...
business unit in 2006. A portion of the former IDX business (along with other software assets) were sold by GE to private equity firm
Veritas Capital Veritas Capital is a New York-based private-equity firm founded in 1992 that invests in companies providing critical products and services, primarily technology-enabled products and services, to government and commercial customers worldwide. The ...
in 2018. The resulting company was named Virence. In 2019, Virence was merged into
athenahealth Athenahealth (stylized as athenahealth) is a private American company that provides network-enabled services for healthcare and point-of-care mobile apps in the United States. The company was founded in 1997 in San Diego and is now headquarte ...
.


Products

Prior to its acquisition by
GE Healthcare GE HealthCare is a subsidiary of American multinational conglomerate General Electric incorporated in New York and headquartered in Chicago, Illinois. As of 2017, it is a manufacturer and distributor of diagnostic imaging agents and radiopharma ...
, IDX had four primary lines of business: Flowcast was the original application produced by IDX. It is a revenue cycle management system for medium to large physician groups, hospitals, and integrated delivery networks, and includes scheduling, billing and collections modules. It is written in the
MUMPS MUMPS ("Massachusetts General Hospital Utility Multi-Programming System"), or M, is an imperative, high-level programming language with an integrated transaction processing key–value database. It was originally developed at Massachusetts Gener ...
programming language and runs on
InterSystems InterSystems Corporation is a privately held vendor of software systems and technology for high-performance database management, rapid application development, integration, and healthcare information systems. The vendor's products includInter ...
Caché. Flowcast was renamed Centricity Business after the product was acquired by GE Healthcare. The product is now owned by athenahealth. Groupcast was a financial management system for smaller-to-medium size provider groups. It was renamed Centricity Group Management after being acquired by GE Healthcare. The product is now owned by athenahealth. Carecast was a system used primarily by large hospitals and medical centers as an integrated clinical and financial application. Known as "Lastword" before IDX re-branded it, the system was developed in the 1980s by
Seattle Seattle ( ) is a seaport city on the West Coast of the United States. It is the seat of King County, Washington. With a 2020 population of 737,015, it is the largest city in both the state of Washington and the Pacific Northwest regio ...
-based PHAMIS, Inc., a company acquired by IDX in 1997. Carecast also came in a regionalized version currently used at the
University College Hospital University College Hospital (UCH) is a teaching hospital in the Fitzrovia area of the London Borough of Camden, England. The hospital, which was founded as the North London Hospital in 1834, is closely associated with University College London ...
in London. The main Carecast code-base is written in
COBOL COBOL (; an acronym for "common business-oriented language") is a compiled English-like computer programming language designed for business use. It is an imperative, procedural and, since 2002, object-oriented language. COBOL is primarily us ...
, TAL, C and
Java Java (; id, Jawa, ; jv, ꦗꦮ; su, ) is one of the Greater Sunda Islands in Indonesia. It is bordered by the Indian Ocean to the south and the Java Sea to the north. With a population of 151.6 million people, Java is the world's List ...
and runs on Tandem/NonStop
Tandem Computers Tandem Computers, Inc. was the dominant manufacturer of fault-tolerant computer systems for Automated teller machine, ATM networks, banks, stock exchanges, telephone switching centers, and other similar commercial transaction processing applicati ...
hardware. Upon acquisition by GE Healthcare, it was renamed Centricity Enterprise. In 2015, GE Healthcare announced it would sunset the Centricity Enterprise product. Imagecast was a radiology information system which enables "filmless" radiology image workflow. It is now marketed and supported by GE as Centricity RIS-IC.


GE buyout

On September 29, 2005,
General Electric General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable energ ...
's
Healthcare Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration or cure of disease, illness, injury, and other physical and mental impairments in people. Health care is delivered by health profe ...
division announced it would acquire IDX for US$44 a share. The deal was valued at US$1.2 billion. The purchase was finalized January 4, 2006.


References


External links


General Electric's website
* Defunct software companies of the United States Software companies based in Vermont Software companies established in 1969 Software companies disestablished in 2006 {{ict-company-stub